(Last updated 22 April 2021)
In November 2020, ECGI organised an online policy workshop to discuss the EY report on Directors’ Duties and Sustainable Corporate Governance that had been commissioned by the European Commission.
The report was part of an action plan devised by a “High Level Expert Group on sustainable finance (HLEG)” that had identified short termism in capital markets as a major obstacle to achieving the sustainable development goals and the targets of the Paris climate agreement.
In September 2020 the initiative took a new turn when Commission President Von der Leyen committed to bring forward legislation on sustainable corporate governance as part of her “an economy that works for people” priority. The European Commission has been working towards this new agenda and intends to publish a legislative proposal at some point between June and September 2021. As part of the European Commission’s commitment to “better regulation” the proposal will be accompanied by an impact assessment that is supposed to be evidence based. This will provide a renewed opportunity for ECGI members to comment and engage with this important policy initiative.
Please click on the 'Resources' tab on this page for more links to relevant comment from ECGI scholars and others.
If there is material that you would like to contribute here please send it by email to Elaine McPartlan.
(Last updated 22 April 2021)
In November 2020, ECGI organised an online policy workshop to discuss the EY report on Directors’ Duties and Sustainable Corporate Governance that had been commissioned by the European Commission.
The report was part of an action plan devised by a “High Level Expert Group on sustainable finance (HLEG)” that had identified short termism in capital markets as a major obstacle to achieving the sustainable development goals and the targets of the Paris climate agreement.
In September 2020 the initiative took a new turn when Commission President Von der Leyen committed to bring forward legislation on sustainable corporate governance as part of her “an economy that works for people” priority. The European Commission has been working towards this new agenda and intends to publish a legislative proposal at some point between June and September 2021. As part of the European Commission’s commitment to “better regulation” the proposal will be accompanied by an impact assessment that is supposed to be evidence based. This will provide a renewed opportunity for ECGI members to comment and engage with this important policy initiative.
Please click on the 'Resources' tab on this page for more links to relevant comment from ECGI scholars and others.
If there is material that you would like to contribute here please send it by email to Elaine McPartlan.
